Amarendra Reddy

What are the most lucrative jobs available for Statisticians and what is the criteria to enter them?

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by Amarendra Reddy
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RE: What are the most lucrative jobs available for Statisticians and what is the criteria to enter them?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

Statistics is a branch of mathematics that deal with the collection, analysis, interpretation and presentation of masses of numerical data.

Statisticians collect , verify and interpret data and use the same to solve problems in a wide variety of fields. Statisticians make use of various methods like questionnaire, surveys and diagnostics tests to study real life problems in a broad range of disciplines like biology , economics , engineering, medicine , physics , sociology and psychology. They collect data from reliable sources, evaluate it using scientific methods , make use of statistical tools and present their findings in the form of graphs , chart, tables etc. Some of the various areas in which statistician work are : Crime statistics, census statistics, ecological statistics, medical statistics, statistics on job- seekers , film statistics , cricket statistics, market statistics, accident statistics, population statistics, election statistics, state statistics, tourism statistics etc. In all these areas statistician interpret numerical data and explain to the public what the number mean and how it can beneficial.A qualified statistician will find job opportunities in public sector organizations , financial institutions and in private companies. Colleges and universities employ statisticians for teaching , statistical research and consulting. The other reputed organizations employing statisticians include planning commission, the national council of applied economic research , institute of applied manpower research , Indian council of medical research , institutions associated with sociology economic research etc. The graduation in statistics as the first degree qualifies a person for the like armed forces , civil services etc. The insurance industry provides lot of employment to graduates of statistics. Indian statistical Service- this is for those who are interested in having a career with the government. A master's degree is required. Statistics jobs in India exist in the capacities of data interpreters, data analysts and statisticians. Many of the scholars completing statistics courses in India are appointed by educational and research institutes in India and abroad. Statisticians are employees as lecturers, assistant professors or research scholars/ officers/ assistants.

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Latest ANSWERS

madam, my name prudhvi i had completed b.com computers i was planning to do courses in data sciences am i eligible actually i was planning to go to usa study MBA lateral i would shift ms indata science before data iplannig todo 1year dipolm in datascienc

u dont talk to me   .. read more

I am a Bcom graduate.my age is 41 .I am wanting g to do a masters in psychology counseling field (. May be in IGNOU) to make a career as a high school councillor or for adult.But I am not sure at this age will I get job

Hello.Simoni,  Just a little humor, but the fact is " Counselors with grey hair" are considered as relevant and experience. So as such your age w .. read more

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Hello Siddharth,  It is completely your choice. But business would require experience of the market, a plan, money and a lot of contacts and if p .. read more

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Hello Ketki,  Whichever course you choose it would mean shifting from the field of science completely. Hope you are ready for this shift. Incase .. read more
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